The firm, which has faced racial discrimination allegations, is trying an alternative approach suggested by a professor at Harvard.

The regional BD's newest hire has more than three decades of industry experience.

One of the new hires cited the regional firm's financial planning expertise as a reason he made the move.

Regional brokerages and firms that assist breakaway advisors have been picking off top talent at the wirehouses.

One of the regional firm's new hires had a previous career as a minister in Louisiana.

The regional broker-dealer added four new advisors to the 32 recruits picked up this year alone.

“You can’t serve the public if your employees are shellshocked,” said one top banker, comments echoed by other institutions dealing with the aftermath of Hurricane Harvey.

The regional firm has been a recruiting tear, picking up a number of ex-wirehouse teams.

The new hires join the fast-growing regional firm from Baird and J.P. Morgan Securities.

One advisor says the fiduciary rule prompted the latest wirehouse exit to an RIA.

The independent firm was founded by two former Merrill Lynch advisors in 2012.

Experts say firms that clear through Pershing have an advantage in the looming recruiting fight.

The firm and fellow regionals continue to take advantage of hiring cutbacks at wirehouses.

Three quarters of the firm’s 57 new recruits have come from the largest firms.

Rates are likely to remain low, which will have a negative effect on retirees and older workers who are adjusting their portfolios in preparation for retirement.

Which banks are advisors moving to? One recently jumped to Woodforest National Bank from Merrill Lynch. Eight others switched to Arvest Bank, Northern Trust, Union Bank, U.S. Bank and Wilmington Trust from myriad financial services firms.

The regional broker-dealer adds another team to its roster while wirehouses continue to scale back on recruiting.

The loss comes even as the firm has been acquiring new breakaway teams and RIAs.

It’s tempting to skip that weekly gathering, but advisory firms may be losing efficiencies if they let them slide, Michael Kitces writes.

With these latest additions, the regional firm furthers its Southeast expansion.